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Two-Bedroom Multifamily Apartment Community

200 Folsom ST Poteau, OK 74953

200 Folsom ST, Poteau, OK, 74953
$1,500,000
For Sale
$1,500,000

MULTI_FAMILY - Poteau, OK

Property Size19,296 SF
Lot Size1.29 Acres
Price / SF$77.74
Days on Market47

Property Features for 200 Folsom ST

General Information

Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
48
Rooms
Bedroom 23, Bedroom 45, Bedroom 10, Bedroom 1, Bedroom 40, Bedroom 7, Bedroom 15, Bedroom 8, Bedroom 13, Bedroom 28, Bedroom 12, Bedroom 35, Bedroom 22, Bedroom 2, Bedroom 18, Bedroom 47, Bedroom 39, Bedroom 4, Bedroom 24, Bedroom 42, Bedroom 3, Bedroom 37, Bedroom 48, Bedroom 9, Bedroom 43, Bedroom 34, Bedroom 31, Bedroom 32, Bedroom 29, Bedroom 46, Bedroom 5, Bedroom 17, Bedroom 26, Bedroom 14, Bedroom 33, Bedroom 16, Bedroom 44, Bedroom 36, Bedroom 11, Bedroom 30, Bedroom 20, Bedroom 25, Bedroom 38, Bedroom 6, Bedroom 19, Bedroom 27, Bedroom 21, Bedroom 41
Standard status
Active
APN
Q001-00-051-000-0-003-00
Size
19,296 SF
Lot size
1.29 Acres

Taxes and HOA fees

Tax Description
POTEAU BLK 51 LOTS 2 3 4 & 5 B1526 P33 B1796 P925 B1797 P590 B1826 P89 B1864 P539 B1920 P232.
Tax Annual Amount
7383

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1995
Floors in Building
2
Number of units
24
Flooring type
Vinyl
Roof type
Shingle
Listing Agency Harmon Real Estate Company
911 S May Avenue, Fort Smith, OK
Listed by Joshua Harmon · License #PB00080746
Added: Jun 3 Checked: Jul 19 at 8:06 am
MLS# 1089500 Listing URL

Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Serenity Heights is a multifamily apartment community featuring 24 uniform two-bedroom, one-bath units. The property totals approximately 19,430 square feet and includes a newly installed 2025 roof, with repairs completed. Current occupancy is reported at 95.8% leased.

Located at 200 Folsom Street in Poteau, Oklahoma, the asset is positioned in LeFlore County. Poteau is described as the county seat and is about 35 minutes from Fort Smith, Arkansas via US 59/271. The renter pool is noted to be supported by Eastern Oklahoma Medical Center and additional regional health facilities, along with Walmart, OK Foods, and Carl Albert State College.

This building offers a straightforward, repeatable unit mix of two-bedroom/one-bath apartments, supported by reported lease activity extending into 2025–2026. The offering is also described as available as a standalone investment or as part of a five-property Poteau Apartments Portfolio totaling 87 units across individually deeded communities, which may appeal to buyers seeking either focused ownership or broader portfolio coverage.

Key Highlights

  • Serenity Heights apartments: 24 uniform 2‑bedroom/1‑bath units totaling 19,430 SF at 200 Folsom Street, Poteau, OK
  • New 2025 roof with repairs completed; roof type listed as shingle
  • Currently 95.8% leased; in‑place rents are below market and supported by 2025–2026 leases signed on‑site

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Serenity Heights Apartment Complex

Suggested Use

Parking Lot & Garage HVAC Service Grocery & Convenience Store Furniture & Home Goods Garden Center Dental Office Electrical Service Locksmith Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Serenity Heights offers 24 two-bedroom, one-bath units with a newly installed 2025 roof and repairs completed.
Where is this apartment building located?
The property is located at 200 Folsom ST Poteau, OK.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Serenity Heights apartments: 24 uniform 2‑bedroom/1‑bath units totaling 19,430 SF at 200 Folsom Street, Poteau, OK; New 2025 roof with repairs completed; roof type listed as shingle; Currently 95.8% leased; in‑place rents are below market and supported by 2025–2026 leases signed on‑site
Contact an agent
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